Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

Oroco Resource Corp. is a Canadian mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in Mexico. It holds a net 85.5% interest in those central concessions that comprise 1,173 hectares (ha) (the Core Concessions) of The Santo Tomas Project, located in northwestern Mexico. It also holds an 80% interest in an additional 7,861 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project hosts a large, outcropping porphyry copper deposit comprised of fracture-hosted and disseminated copper and molybdenum sulphides with significant gold and silver credits. Its Xochipala Property is comprised of the Celia Gene (100 ha) and the contiguous Celia Generosa (93 ha) concessions. Its Salvador Property is a 100-hectare mining concession, which lies around 25 kilometers (kms) to the west of the Xochipala Property and 30 kms west of Chilpancingo, Guerrero.

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Oroco Resource Corp > Very quiet

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Comment by Schr8r154on Jan 12, 2021 8:38pm

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Post# 32282140

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very quiet

What company in their right mind would pay 100% NPV? That inherently infers that there is no financial upside for them unless the price of copper goes up. At that point just flip a coin or put your balance sheet into copper futures. I think we need to temper expectations. Especially considering we only have an 81% interest in the property eventually.

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